Months following completion of the merger between Brookdale and Emeritus, the nation’s now-largest senior living provider is continuing to grow its brand presence by changing the names of nine Kansas City-area communities, the company announced this week. Brookdale Senior Living (NYSE: BKD) will change the name of its Grand Court Kansas City community, along with eight […]
Emeritus
Ventas Names New Chief Financial Officer Ventas, Inc. (NYSE: VTR) has named Robert F. Probst as executive vice president and chief financial officer. Probst will assume his position in October and work with retiring Ventas CFO Richard A. Schweinhart through the transition. In his position, Probst will be a member of the Ventas executive leadership […]
Brookdale Senior Living (NYSE: BKD) and HCP, Inc. (NYSE: HCP) announced Tuesday the companies have closed on their previously announced series of deals, which included the $1.2 billion formation of a joint venture to own and operate continuing care retirement communities (CCRCs). The deal’s closing arrives nearly five months after its April announcement, in which […]
Senior Housing News wrote them, you read them and passed them along to your friends and colleagues. Here are the most shared posts from SHN this week: Dished: How Five Star is Overhauling Senior Living Dining—Fifteen chefs, four 50-pound sea bass and a celebrity food personality are just a few features going down at an […]
In case you missed them… here are the top five stories grabbing Senior Housing News readers’ attention this week: Senior Living Faces Uphill Battle in Use of ‘Senior’ Terminology—Many marketers grapple with the typical terms to describe aging Americans. And recent NPR survey found in large part, the aging population has strong aversions to most […]
Two of the country’s largest senior living providers have completed the $2.8 billion merger deal that will make them the largest senior living provider in the nation. Brookdale Senior Living (NYSE: BKD) and Emeritus Senior Living Corp. (NYSE: ESC) announced today the completion of the merger between the two companies that will create what the company […]
In an industry that is rapidly evolving and expanding, leading senior housing providers are looking outside traditional avenues of recruitment to obtain the greatest and brightest candidates to fill key activity program and management roles. “There is a weakness in our industry of organizations growing from within only,” says Cindy Smith, corporate vice president of human […]
Memory care is quickly risen what some are calling the “flavor of the year,” when it comes to new senior housing construction across the nation. While other property types have ticked up and down over the last eight years, during and following the housing crisis, memory care construction has slowly and gradually increased over time, […]
New competition is crowding into the senior living and care referral space, but whether they’ll be able to conquer the existing industry giants—or even get a corner of the market share—is in most cases to be determined. There’s no denying that A Place for Mom has a firm grasp on “lead generator giant” in the […]
While movies, exercise classes and happy hours are industry mainstays, some communities are thinking outside the box when it comes to new programming and services for residents. Whether a special event or ongoing service, SHN spoke with providers to find out what they’re doing for their latest, most innovative activities, entertainment and amenities. Here are […]
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